Sugar #11 May '19 (SBK19)
Sugar #11 Futures Market News and Commentary
May NY world sugar #11 (SBK26) on Friday closed down -0.11 (-1.22%), and May London ICE white sugar #5 (SWK26) closed down -1.30 (-0.31%).
Sugar prices remain weak as they continued their week-long slide on Friday, with NY sugar falling to a 5-week low and London sugar posting a 4-week low. Â Signs of abundant global sugar supplies are weighing on prices. Â On Tuesday, India's Food Secretary said the government has no plans to ban sugar exports this year, easing concerns that it could divert more sugar to make ethanol following the Iran war disruption to crude oil supplies. Â
Sugar prices are also under pressure from last Thursday when India's National Federation of Cooperative Sugar Factories Ltd. reported that India's 2025-26 sugar output from Oct 1-Mar 31 was up +9% y/y to 27.12 MMT.
Higher sugar production in Brazil is also bearish for sugar prices. Â On March 27, Unica reported that cumulative 2025-26 Center-South sugar output (October through mid-March) is up +0... Read more
Barchart 1 hour ago
Cotton price action is up 14 to 25 points early on Monday. Futures saw mixed trade on Friday, as contracts were 7 points lower to 10 points higher. May...
Bull Strangle Newsletter Sat Apr 11, 12:00PM CDT
The edge in seasonal spreads doesn’t come from finding more trades—it comes from filtering out the wrong ones. This article outlines a practical framework...
Barchart Fri Apr 10, 5:34PM CDT
Cotton futures saw mixed trade on Friday, as contracts were 7 points lower to 10 points higher. May was up 230 points on the week. The US dollar index...
Barchart Fri Apr 10, 1:33PM CDT
May NY world sugar #11 (SBK26 ) on Friday closed down -0.11 (-1.22%), and May London ICE white sugar #5 (SWK26 ) closed down -1.30 (-0.31%). Sugar prices...
Barchart Fri Apr 10, 1:32PM CDT
May ICE NY cocoa (CCK26 ) on Friday closed up +84 (+2.66%), and May ICE London cocoa #7 (CAK26 ) closed up +56 (+2.37%). Cocoa prices settled higher on...
Barchart Fri Apr 10, 1:30PM CDT
May arabica coffee (KCK26 ) on Friday closed up +6.40 (+2.18%), and May ICE robusta coffee (RMK26 ) closed up +14 (+0.42%). Coffee prices settled higher...
Barchart 1 minute ago
Super Micro Computer just launched Gold Series enterprise servers and posted record Q2 revenue. But with margin pressure mounting, is SMCI stock worth...
Barchart 2 minutes ago
Seagate Technology is all set to release its fiscal third-quarter earnings soon, and analysts project a robust double-digit profit rise.
Barchart 3 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.32%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.70%, and the Nasdaq 100 Index ($IUXX...
Barchart 11 minutes ago
Ares Management is set to announce its first-quarter earnings next month, and Wall Street expects the company’s EPS to increase by double digits.
Barchart 21 minutes ago
Lockheed Martin has secured a $4.76 billion U.S. Army contract for its PAC-3 MSE.
Barchart 33 minutes ago
New data shows that AI bots now officially account for more than half of all online traffic. That means the era of SEO may be coming to a close, and there...
Barchart 45 minutes ago
Palo Alto Networks stock continues to tumble after Anthropic unveiled its Claude Mythos AI mode. But PANW shares don’t look particularly exciting to...
Barchart 55 minutes ago
Lockheed Martin has secured a $4.7 billion Army contract. But does that warrant buying LMT shares at current levels? Let’s find out.
